2404 State Highway 15TrumanMN56088
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Truman at 2404 State Highway 15, Truman, MN, 56088 generates $0/mo in rent, after a $1,688/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.69% in year one, and rental yield is 0% on a $344,900 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,290 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
4.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56088, Truman, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 828 (100%) |
| Owner Occupied HU | 554 (66.9%) |
| Renter Occupied HU | 155 (18.7%) |
| Vacant Housing Units | 119 (14.4%) |
| Median Home Value | $152,041 |
| Average Home Value | $232,283 |
Housing Distribution
Address Breakdown
Residential
776
Single Family
721
Multi-Family
55
Businesses
53
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No similar rental properties found nearby.
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